View Photos

Start your application now. Enquire Now - or - Save for later

LOW ENTRY COSTS

Black Lion

North Street, Scarborough, North Yorkshire, YO11 1DF

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

FindMyPub.com
Beer Garden

FindMyPub.com
External Drinking Area

FindMyPub.com
Letting Rooms

FindMyPub.com
Coastal

Property details

The Black Lion is perfectly situated in Scarborough city centre set just off the main high street and is popular with tourists and locals alike. It is a listed building and has been a staple in the town for many years. The customer base is a mix of locals and tourists in season.

It is a two-bar operation, comprising a main bar area with pub games and a lounge area. The site is wet only but has a good-sized kitchen providing the opportunity for the operator to have their own food offer. In addition to the bar areas, there are also 7 letting rooms with shared bathrooms on the top floor of the pub.

To the rear of the pub is a small but ideal beer garden with tables and chairs also on the pavement at the front of the pub for the sun worshippers.

The private accommodation consists of one single and two double bedrooms, a lounge, a kitchen, and a bathroom.

FindMyPub.com
Cask Ale

FindMyPub.com
Catering Kitchen

FindMyPub.com
Team Games

FindMyPub.com
Pool Area

FindMyPub.com
Live Entertainment

Trading style

This is a great prospect for a licensee who is passionate about their local community and tourists.

Key financials

Reference Number: PSCFKB / 40115
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware that energy performance certificates are available from the landlord.

The site currently takes on average £6,500 per week with 90% of sales from the wet side of the business, and 10% of turnover from its letting rooms, but has the potential to achieve up to £10k a week by adding a good own food menu and drinks sales.

What’s in it for you?

20% share of weekly wet sales, excluding VAT.
Keep 100% of the food and letting room sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs. (*deposits can vary depending on business*)
Accommodation included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

Similar pubs

£5,360

Foresters Arms, Beverley

East Yorkshire

£5,360

Crown, Scunthorpe

Lincolnshire

£5,360

Coach & Horses, Barnard Castle

Co Durham

£5,360

Kimberworth Park, Rotherham

South Yorkshire

£5,360

Griffin, Halifax

West Yorkshire

MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.